The binary compatibility is great. I've run a number of proprietary applications--Oracle 10g, WebLogic 8.1, Veritas backup clients, etc. which have performed with not difficulties. I package a number of things, which, along with Dag's packages, I use for various consulting projects--some of which are on RHEL3, some on CentOS3. In all, I'm much more able to support RHEL3 due to the existence of CentOS3; I (and many others, like Dag) probably would be unable to actually support RHEL3 were it not for the free clone projects.
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